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Overseas Suppliers To NZ Urged To Register For GST

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 18, 2019

New Zealand's tax agency has urged overseas businesses who sell goods valued at NZD1,000 (USD629) or less to register for GST ahead of the December 1, 2019, deadline. Read Full Story

 


Tax Agencies Increasingly Deploying Technology To Improve Tax Take

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

The eighth edition of the OECD's Tax Administration Series published September 23 shows how tax administrations are increasingly moving to e-administration and using a range of technology tools, data sources, and analytics to increase tax compliance. Read Full Story

 


Chile's Chamber Of Deputies Approves Tax Reform Law

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Chile's Chamber of Deputies approved at the end of August legislation to comprehensively reform the tax system, as set out in Bulletin 12043. Read Full Story

 


Singapore Reports On Tax, Compliance Work

by Mary Swire, Tax-News.com, Hong Kong

Thursday, September 5, 2019

The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year. Read Full Story

 


HMRC Schedules Webinars On New Construction Services Reverse Charge

by Jason Gorringe, Tax-News.com, London

Thursday, August 29, 2019

The UK tax agency has announced that it has scheduled two new webinars to support the construction industry to come to terms with the new VAT reverse charge being introduced on building and construction services from October 1. Read Full Story

 


Australia Clarifies Effective Life Of Depreciable Assets

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, July 16, 2019

The Australian Taxation Office has released a new ruling on how to calculate the effective life of depreciating assets for income tax purposes, in Taxation Ruling (TR) 2019/5, which is applicable from July 1, 2019. Read Full Story

 


Zambia Delays VAT Again, Until September

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 5, 2019

Zambia has once again pushed back implementation of a sales tax in place of value-added tax, to September 1, 2019. Read Full Story

 


Bahamas Announces VAT, Bank Tax Reforms In New Budget

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 5, 2019

The Bahamas announced a number of significant reforms in its 2019/20 Budget, released on May 29, 2019, including a new tax on banks, which will replace annual fees, and new VAT obligations on online marketplaces and the removal of VAT on exported services. Read Full Story

 


FASB Issues New Accounting Rules For Audiovisual Content Producers

by Mike Godfrey, Tax-News.com, Washington

Thursday, March 14, 2019

On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services. Read Full Story

 


New Accounting Rules From FASB Deal With Mergers

by Mike Godfrey, Tax-News.com, Washington

Thursday, March 14, 2019

The Financial Accounting Standards Board on February 14, 2019, issued a proposed Accounting Standards Update (ASU) on the recognition and measurement of deferred revenue in business combinations. Read Full Story

 

 

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